Many predicted it for a long time, the US will always be a great power, for structural and geographical reasons, but it won't keep the position it had for almost a century.

The good thing about China is that apart from Taiwan they have little territoral ambitions, I don't foresee huge conflicts incoming, but I am a not entirely sure the US will manage to lost its position as gracefully as the British Empire.

It could be bad news for US citizens if their currency precipitiously lose its power, and they'll look for people to blame.

> The good thing about China is that apart from Taiwan they have little territoral ambitions

One of the reasons China wants Taiwan is because it would enable further territorial expansions into The Philippines and Japan. China considers any neighboring Democratic nation a threat. Taiwan is just their first / easiest prospective target.

If you have access to PBS, there's a very good documentary that touches on this a bit called Invisible Nation.